Luxury sports carmaker Ferrari said on Saturday it had appointed board member Louis Camilleri as its new chief executive, replacing Sergio Marchionne who is seriously ill.
David Solomon will succeed Lloyd Blankfein as CEO of Goldman Sachs, the firm said Tuesday. Solomon will officially take the reins from Blankfein, the longest-serving Wall Street CEO after JPMorgan’s Jamie Dimon, in October. Blankfein will become senior chairman when he retires, the firm said. …read more […]
The health of Sergio Marchionne, long-time boss of carmaker Fiat Chrysler (FCA) , worsened on Saturday and he has been replaced as chief executive by Mike Manley, the head of the firm’s Jeep division, FCA said in a statement.
Fiat Chrysler (FCA) has named Mike Manley, the head of the carmaker’s profit engine Jeep, as its new chief executive, replacing Sergio Marchionne who had to step down after serious complications from surgery, a source close to the matter said.
Time, more than dramatic changes, is what Lowe’s needs to reverse course. …read more […]
Netflix has achieved stunning returns and could continue to do so. But these three companies could be even better bets. …read more […]
Roku is by far the favorite of those who have already cut the cord as well as those about to. …read more […]
In June, we asked readers to tell us what’s keeping them from investing more… or investing at all.
As illustrated in this week’s chart, almost 28% feel like they’re investing what they can. But a whopping 43% either don’t know where to start investing… or won’t invest for fear of losing money.
The remaining 30% or so had other reasons, including not having enough money, being in debt and not understanding the markets.
A 2015 Bankrate Money Pulse survey found that 73% of the more than 1,000 Americans polled didn’t own stocks at all, primarily because they didn’t know enough about the markets… …read more […]
If you are looking for Buffett stocks, these three stand out today for growth, value, and turnaround potential. …read more […]
Fiat Chrysler boss Sergio Marchionne is to be replaced permanently at the helm of the global carmaker as well as Ferrari, after suffering serious complications from surgery, people with knowledge of the matter said on Saturday.
Tesla is the hottest company in the auto industry, but that doesn’t make it the best buy for investors. …read more […]
Fiat Chrysler chief Sergio Marchionne is to be replaced permanently at the helm of the global carmaker as well as Ferrari after suffering serious complications from surgery, sources said on Saturday.
U.S. President Donald Trump’s tariffs will lead to a drop in prosperity in Germany this year and are likely to cost Germans up to 20 billion euros ($23.44 billion), the head of German think-tank IMK said.
Revelations that one of the most respected U.S. cardinals allegedly sexually abused both boys and adult seminarians have raised questions about who in the Catholic Church hierarchy knew — and what Pope Francis is going to do about it. If the accusations against Cardinal Theodore McCarrick bear out — including a new case reported Friday involving an 11-year-old boy — will Francis revoke his title as cardinal? Or even defrock him, the expected sanction if McCarrick were a mere priest? …read more […]
After raising the white flag in the battle with Walt Disney Co. for the bulk of Rupert Murdoch’s media empire, Comcast Corp. Chief Executive Officer Brian Roberts has one last prize to fight for: the British pay-TV company Sky Plc. Comcast currently has the upper hand in the race for Sky, with an offer of 26 billion pounds ($34 billion) that’s 6 percent higher than a rival, Disney-backed bid by Murdoch’s 21st Century Fox Inc., which already owns 39 percent of the company. Buying Sky would give Comcast international scale, a hedge against the erosion of cable-TV viewing …read more […]
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